Valley Ridge Apartments

1000 Valley Ridge Road, Lewisville, TX 75077

Waiting List Forecast: Likely Short or None

check_circleVerified for 2020 by Lorena Bentley, Valley Ridge Manager, Colleen Carter
Rent Beds Baths SqFt
$1,006 - 1,153 per Month 2 - 3 Beds 1 - 2 Baths 869 - 1,100 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Valley Ridge Apartments Homes is a beautifully rustic community in Lewisville, TX. The neatly manicured grounds boast spacious 2 and 3 bedroom apartment homes. Pleasing features are in each apartment including; spacious layouts, washer and dryer connections, air conditioner and ample storage. Community features include a swimming pool, playground, business center, resident social lounge and on-site maintenance.  Easy access to Stemmons freeway and I-35 will make your commute a breeze each day. Moments away enjoy shopping, dining and entertainment at Vista Ridge mall. Income restrictions apply. Se Habla Espanol.

Dave's Thoughts On Valley Ridge Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Valley Ridge Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Valley Ridge Apartments Amenities

  • Close to Shopping
  • Near Highway or Interstate
  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Washer and Dryer Hookup
  • Cable and Satellite TV
  • Walk-in Closet(s)
  • Window Coverings
  • Scenic View
  • Refrigerator
  • Tile Floors
  • Online Payments Accepted
  • On-Site Maintenance
  • Community Swimming Pool
  • Dining Area
  • Intrusion Alarms
  • Private Patio and Balcony
  • Resident Lounge

Units at Valley Ridge Apartments

Unit (Bd/Ba) Ft2 Rent
Two Bedroom Two Bath (2/2) 1022ft2 $1,006
Two Bedroom One Bath (2/1) 869ft2 $1,006
Three Bedroom Two Bath (3/2) 1100ft2 $1,153

Income Qualification for Valley Ridge Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $36,100 / year $41,250 / year $46,400 / year $51,550 / year $55,700 / year $59,800 / year
50% AMI for PBRA Units $36,100 / year $41,250 / year $46,400 / year $51,550 / year $55,700 / year $59,800 / year
60% AMI for LIHTC Units $43,320 / year $49,500 / year $55,680 / year $61,860 / year $66,840 / year $71,760 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Valley Ridge Apartments

Does Valley Ridge Apartments have a waiting list?

Valley Ridge Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Valley Ridge Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Valley Ridge Apartments?

Valley Ridge Apartments is managed by Fairfield Residential headquartered in San Diego, CA.

In addition to Valley Ridge Apartments, how many other affordable housing properties (and units) are there in Lewisville?

In addition to Valley Ridge Apartments, we list 6 other affordable properties in Lewisville. Learn about these properties here. Our data research shows that there are a total of 1102 affordable units in Lewisville.

Listings Near Valley Ridge Apartments

Oak Tree Village

1595 S Old Orchard Ln, Lewisville, Texas 75067

bed 1-3

The Tuscany at Lakepointe

805 Lakeside Cir, Lewisville, Texas 75057

Community Options Lewisville

232 Teakwood Ln, Lewisville, Texas 75067

Evergreen at Lewisville Senior Apartments Community

415 S Garden Ridge Blvd, Lewisville, Texas 75067

Saint Charles Apartments

1090 S Charles St, Lewisville, Texas 75057

Evergreen at Vista Ridge

455 Highland Dr, Lewisville, Texas 75067

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.